This unique property sits on 8 acres of cleared and fenced land. It offers multiple houses thus the number of bedrooms listed shows the total amount of bedrooms for the multiple houses. The main home is located at 14301 SW 14th Street and is a year 2000 manufactured home with over 2000 living space. It offers 4 bedrooms with a split plan and 2 bathrooms with one being en-suite for the primary/master bedroom. The space also offers a bonus room that can easily be made into an office or craft room or study room. There is a fenced backyard in addition to the perimeter fencing that encompasses the entire property. Five acres of the eight acres is fenced for pasture and used for cows, horses, goats, and chickens. The main home is in good condition but does need some updates to consider it updated for today's standards. It offers a wood burning fireplace and an eat in kitchen along with a dining area. It is very spacious and owner did divide the space out with a wall that can be closed off to create two separate living areas within the home. It has been used as an air b and b rental and each side was rented out for a time period. The home can bring great income or offer mother in law suite or just privacy among members of the household with separate living spaces. It is a must see to understand the dynamics with the layout. It also has an attached covered carport and a circular paved driveway. This home has brought in as much as $3000 in a month and can certainly earn more for the new owner. The home did receive damage from Hurricane Milton so there is currently an insurance claim filed. The home will have evidence of roof leaks from such damage.
Trailer #2 is a 1975 with aluminum siding and offers over 1400 sq ft of living space. It has been partially updated to include drywall, remodeled bathrooms and moderately updated kitchen. The flooring could stand replacement so it is more uniform but it is functional as it is now. There are three rooms with an en-suite primary bedroom that measures about 13x12 and fits a Queen bed nicely. The split plan offers privacy for household members. It has a HUGE deck that is covered which was put in about two years ago so the wood is in good condition. There is a metal roof but age is unknown as it was installed prior to current owner. Overall the home is in good condition with an interior laundry room and a fenced yard. There is a small storage building in back with electric that also houses the well/pump equipment (pump was replaced approx. 3 years ago). This has rented in the past for $1500 a month.
Trailer #3 - This is a single wide 2/2 home from the 1980'S. Needs work. It is predominately original and needs flooring in the second bedroom along with a couple of windows or replace all windows. It does have a shed in back with laundry hook up and a fenced yard for furry friends. It also has a deck in front that is in very good shape as the wood was recently replaced. The shingle roof is believed to be original but does not actively leak but needs replacing in near future. This was rented recently for $1050. 00 a month.
Trailer #4 2/1 less than 700 sf. It is currently being used for storage. It can be used for storage, re-done or taken away by the new owner. Seller will consider paying buyer closing costs. Water pressure and water taste GREAT. Septics are known to be working well. Owner is a State of FL licensed Real Estate Broker. No financing due to multiple houses.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $508,000 | $508,000 | $508,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $314 | $314 | $314 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,509 | $3,376 | $4,284 |
Total Monthly Payment | $3,915 | $3,782 | $4,690 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.